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Viewing posts categorised under: July 2016

RFID and Drastic Cost Savings in Oil & Gas Sector

by shawn

Posted in Blog, July 2016 | 0 comments

DominateRFID Oil and Gas RFID Solution

RFID and Drastic Cost Savings in Oil & Gas Sector

July 9, 2016

In recent years Oil & Gas companies have been at the forefront of the struggle against a substantial decline in fossil fuel prices. Accordingly, these companies are looking for groundbreaking methods of cost control in this capital-intensive enterprise. A considerable portion of expenses are directed towards the management of costly equipment in oil and gas fields, refineries, and petrochemical plants. Every year tremendous amounts of resources are spent, specifically on asset maintenance and repair.

 

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